Northland Power Inc. (TSE:NPI – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$30.14.
Separately, Raymond James upgraded Northland Power to a “moderate buy” rating in a report on Friday, November 15th.
Read Our Latest Research Report on Northland Power
Northland Power Trading Up 0.8 %
Northland Power Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 16th were given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.53%. The ex-dividend date was Friday, November 29th. Northland Power’s dividend payout ratio (DPR) is currently 500.00%.
Northland Power Company Profile
Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.
Further Reading
- Five stocks we like better than Northland Power
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- AppLovin Insiders Sell Shares: Stock Price Indicated Higher
- The Risks of Owning Bonds
- Broadcom’s Stellar Outlook Sparks Hopes for a Semi Sector Rally
- What is a support level?
- Salesforce’s Clear Path to $400 and Beyond
Receive News & Ratings for Northland Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northland Power and related companies with MarketBeat.com's FREE daily email newsletter.